Trump Media Has $2.3B in Bitcoin Buying Power After Closing Capital Raise
The company said it will use proceeds to add bitcoin to its balance sheet, an increasingly popular move among publicly-traded firms.
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The company said it will use proceeds to add bitcoin to its balance sheet, an increasingly popular move among publicly-traded firms.
U.S.-listed spot bitcoin exchange-traded funds (ETFs) recorded their first day of net outflows in 10 trading sessions on Thursday, according to a research report by JPMorgan (JPM). The Wall Street bank estimated that spot bitcoin ETFs saw $358 million of redemptions yesterday, according to a Friday report, with just one, BlackRock’s iShares Bitcoin Trust (IBIT) attracting a net inflow. IBIT […]
James Wynn, the high-profile on-chain trader infamous for massive directional bets and equally massive liquidations, is once again back at … Continue reading
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The cryptocurrency market has seen a sharp retreat over the past 24 hours, with $130 billion wiped from total market … Continue reading
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“There are still people on the Earth that are still scared of bitcoin, and we want to bring them into this ecosystem,” said Brandon Lutnick, chairman of Cantor Fitzgerald.
A number of indicators suggested the bull market has more room to run, said NYDIG.
Despite a steady climb past $110,000, Bitcoin (BTC) remains meaningfully below its projected valuation according to the long-term Stock-to-Flow (S2F) … Continue reading
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One of the most severe dips in cryptocurrency history occurred in November 2022, when Bitcoin (BTC) plummeted to as low … Continue reading
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Bitcoin’s (BTC) Rainbow Chart has issued fresh insights into how the asset will likely start June, just days after clinching … Continue reading
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Bitcoin faces selling pressure after Trump’s EU tariff warning, with price breaking key support and technicals signaling volatility near $107K.